How contorl to emotions in Trading??

[ishvara]

aniket, That is true, what you said about capital is well to take note of. This is because the demo is filled with 10,000 dollars and the live accounts is just going to be filled with the small money that we have like 50 or 100 dollars.

[aniket]

if don`t respect virtual money or not take it seriously obviously we can`t do trade better on real account because we do trade with full emotions how we can be an risk taker ..
Of course our work come tre on MC, but we have to also realized how much demo account powerful are

so true that we do not respect the virtual money offered in demo a/c and hence we will never know what it values after a loss of even one dollar, and not to mention that in demo we have such a huge capital that we never get to know what is a MC, only when starters come to a true a/c then they realise what an MC really is!

[vikas]

I usually will make trade rules
and put it beside the computer so that we'll always remember the rules
and make a good mm

[ketan]

A trader who trades low volumes remains in safe place and he has good control on emotions also. I think it is the only way to control emotions and traders should not go to trade heavy volumes.

This is what is thread is all about as to how to control the emotion ? To control your emotions you should do proper money management and risk management.

[ketan]

This is a very good thing to in fact this is a new idea which i like the most. This is like making a checklist with basic points listed in it and with do's and dont's of the trade.Also the best way to control emotions is to follow the list and adhere to it which will automatically set a contro over your emotions.Also you can put Stop Loss and take profit to all your trades based on your analysis.

[s19]

So can you tell me how will you control emotions in demo account. No matter how much you try emotions will not come in demo trading. They will automatically come when you put your money in real account.

me sochta hu ki account chahe demo ho ya real..hamko puri planing ke saat trade krna chahiye...accourding to margin plan about money management that you want. then trade with free mind.
after some days demo trading you feel good..that rules folllow in real account..emotion automatcially controlled with experience when you always trade accourding to your trading rules.

[ketan]

The only way to control your emotions is to have a calm and patient approach towards the trade.One should be disciplined and make it a golden rule that during the time of trade and sharp fluctuations one will not get excited but will trade to his plans , study and analysis and stick to it.

[rajesh]

Forex aik psychology game ha or humhein ye baat accpet ker li ni chahye k ager hum is ko serious nehe lein ge to emotions humhein destroy ker deen gein
Emotions ki two catergories hoti hain one positive and one negative so i think we need positive to get`s what`s we want to do

Emotions can wipe out even 2 , 3 or 4 accounts if you will not do things to controls them. It is very easy to say that I will control emotions next time but frankly you can never have this control. You can just minimize this emotional trading but to some extent only.

[rajesh]

So can you tell me how will you control emotions in demo account. No matter how much you try emotions will not come in demo trading. They will automatically come when you put your money in real account.

[rajesh]

If every trader started to think like this, no one will trade in real account. The point is about controlling and limiting your emotions specially greed. This can only be done in real account. You can't stop walking just because of the fear of felling.